ESG Best Practice Experience & Support

COVID & ESG

Did you know that companies that had good ESG practice, generally coped better, with less financial impact during the first 9 months of COVID impacts.

Talk to us about why this is…

POORLY EXECUTED
ESG
IS
GREEN WASHING


ESG

Trusted, Targeted and Transparent – 3 Core values of good Environment, Social & Governance (ESG) practice.

Whether you are producing in Europe or an emerging market, whether you are selling a final product or supplying a raw product, whether you are relying on finance or are self financed, if you are a company that projects an image of being green and socially responsible, these three words are critical to your brand.

Regarding ESG, stakeholders, shareholders, lending institutions, customer and NGO’s expect more and know more, than they did 5 years ago. Misunderstanding what good ESG practice looks like in your entire supply chain, is a significant risk to your brand, reputation and ultimately your balance sheet.



Why GRM?

There are so many terms and brands associated with concept of Corporate Social and Environmental Responsibility. It’s sometimes overwhelming and hard to keep track.

Global Risk Management offers our customers experienced ESG support in the following areas:

  • ESG Due Diligence – Supply Chain Risk Assessments and Audits
  • ESG Management
  • ESG Strategy
  • Full Supply Chain Analysis
  • Environmental and Social Impact Assessments and Due Diligence
  • Carbon Foot-printing
  • Energy Management
  • Stakeholder Management
  • Business and Human Rights
  • UNGP
  • Equator Principles
  • IFC Performance Standards
  • Sustainability Management
  • CSR
  • EU Taxonomy for Sustainable Activities

By engaging an experienced ESG/CSR Consultancy such as Global Risk Management, you can avoid the risk of a poor implementation programme that costs you time, money and your reputation.


Begin With The End in Mind

Historically, audit requirements for these types of sustainability certification processes have been paper based, with little evidence required to demonstrate positive outcomes were actually taking place.

Newer standards required by lending institutes, regulators and customers, are starting to introduce evidence based requirements.

Global Risk Management can help you plan, review or update your ESG programme to ensure you are creating value for money, environmental and social positive outcomes.

We help you by:

  • Supporting you clearly define why your business is working in this area and define what outcomes you want to achieve
  • Identify suitable standards that will help you meet those outcomes
  • Define goals to help you achieve your desired outcomes
  • Develop strategies and actions to achieve those goals
  • Implement those strategies and actions
  • Review those strategies and actions
  • Help you get certified if that is your goal.


Environmental & Social Impact Assessments (ESIA’s) – Your Key to Outcome Based ESG

Give a man a fish, and you’ll feed him for a day. Teach a man to fish, and you’ve fed him for a lifetime.”… if there are still fish to catch!!!!

This is old saying, but it’s still incredibly pertinent to outcome based ESG, especially when you operate in an emerging market, or have suppliers in emerging markets.

It’s easy to undertake environmental, social and community based projects that generate good PR, but harder to generate meaningful environmental, social or community outcomes. If you don’t understand the true needs of your community and environment, it’s hard to implement an effective programme that makes a real difference.

By starting with an ESIA, you can more easily provide evidence that your ESG program meets your relevant standards expectations as well as often required regulatory requirements.

Let’s build a ethical and sustainable future together.

“Studies are now linking poor ESG credentials to higher rates of (loan) defaults.”

— Kevin Bakker, Co-Head of High Yield, Aegon Asset Management US

esg environment, social and governance